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Pairs in Focus - Crude Oil, USD/JPY, Bitcoin, NASDAQ 100, SP 500, Silver, DAX, GBP/JPY

From dailyforex.com

WTI Crude Oil: {chart} The West Texas Intermediate Crude Oil market has been all over the place during the trading week, and even sold off quite violently on Friday. However, we remain in the same general vicinity that we have been in for a while, and I think at this point we are more likely than not to continue to see a lot of volatility and of course a lot of noise. The $80 level above continues to be a major barrier to overcome, and quite frankly I don’t think it’s very easily done. With that being the case, you have to look at this through the prism of sideways choppiness. USD/JPY: {chart} The US dollar continues ... (full story)

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  • Category: Technical Analysis